Business expenditure on cars – a green light for the new scheme?
The Bourne Agenda is a fortnightly blog brought to you by Bourne Business Consulting LLP, an independent tax and business consultancy with offices in London and Farnham.
Today there is increasing pressure on the government and businesses to become greener. We have seen several tax initiatives launched by the government in the area of Capital Allowances to address these pressures including the Enhanced Capital Allowances (ECA) scheme. Recently, we have seen a shift in policy on the expensive cars scheme, to encourage businesses to ‘buy green’.